HomeLight

MARCH 7, 2024

You’ve planned, juggled finances, worried about finding the right house, and then you finally sign a contract. But what happens if you’re now facing the decision of submitting a buyer cancellation of the purchase agreement? These top professionals can help you make the best buying decisions and protect your interests.

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Purchase and sale agreement Earnest money deposit Option period Due diligence 105

Housing Wire

SEPTEMBER 9, 2021

From hybrid appraisals to virtual showings to RON/RIN, the digital mortgage process took center stage over the last year. From ordering food to buying goods to managing their finances, consumers can do it all from the palm of their hand, without ever having to leave their house. Why should the mortgage process be any different?

Mortgages 380

Mortgages Technology Inspection Closing 380

HomeLight

MARCH 28, 2024

When a home sale closing is delayed, it’s usually the buyer holding up the deal due to financing hiccups, low appraisals, title issues, or problems found during the final walkthrough. But what happens if a seller misses the closing date? These top professionals can help you make the best buying decisions and protect your interests.

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Closing Purchase and sale agreement Title Closing costs 102

Realty Biz

FEBRUARY 19, 2024

Unlike purchasing a ready-made home, it offers the flexibility to design and build according to personal or business needs. However, the process involves intricate steps, from understanding zoning laws to securing financing and conducting due diligence. This guide will navigate you through these complexities.

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Land Due diligence Title search Finance 127

Realtor.com

JANUARY 9, 2023

“It needed some minor repairs but was completely livable,” Shirshikov recalls. Nonetheless, getting a good mortgage proved to be much harder than he’d anticipated. “We struggled to get a good mortgage,” Shirshikov admits. “We could not get a mortgage with a decent rate.”

Finance 69

Finance Loans Mortgages Banks 69

Housing Wire

APRIL 8, 2022

Below, Lapin answers questions about the housing industry: HousingWire : What is your current favorite HW+ article and why? That’s what drew me to this role at FormFree, too. HousingWire: What is the weirdest job you’ve ever had? HousingWire: What is the weirdest job you’ve ever had?

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Lending Banks Technology Loans 317

HomeLight

NOVEMBER 30, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. But there’s an alternative that might just be the solution you’re looking for: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 94

Equity Loans Debt-to-income ratio Home sale contingency 94

HomeLight

JANUARY 30, 2024

It’s a common dilemma: you must sell to finance your next home, but where do you live? This short-term financing tool could be the very thing you need to bridge the gap, allowing you to purchase your new Denver home before you’ve sold your old one.

Equity 93

Equity Loans Debt-to-income ratio Home sale contingency 93

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Hawaii can often feel like a high-stakes balancing act, especially when you’re trying to sell your old home while buying a new one. But what if there was a smoother way to transition? You can then make a strong offer on your next home with no home sale contingency.

Equity 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 30, 2023

Selling your home in Missouri and buying a new one often involves a tricky dance of timing and finances. You might think your only choice is to sell your current home, find a temporary place to live, and then hunt for your new dream house. But what if there was a smoother solution? What is a bridge loan, in simple words?

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

HomeLight

NOVEMBER 29, 2023

You might think your only option is to sell your current home, find a temporary place to live, and search for your new dream house. However, a bridge loan could be the solution you’re looking for. However, a bridge loan could be the solution you’re looking for. What is a bridge loan, in simple words?

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

Realty Biz

MARCH 30, 2023

Regardless, there are many things that first-time home buyers aren't aware of when it comes to getting a mortgage. We've put together a brief mortgage guide with the key information you need to know. Assess Your Finances As you might assume, a good place to begin is by assessing your finances.

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Mortgages Pre-approval Pre-qualification Due diligence 102

HomeLight

DECEMBER 5, 2023

Are you a Connecticut homeowner caught in the challenging dance of selling your old home and buying your new one? You’re not alone. Picture this: you’ve found your dream home, but your current one hasn’t sold yet. You can then make a strong offer on your next home with no home sale contingency.

Equity 94

Equity Debt-to-income ratio Loans Home sale contingency 94

Realty Biz

JANUARY 15, 2023

Are you in the middle of the process of buying a new home? In this article, we will discuss the difference between purchase and refinance mortgages so that you can determine if you want to go for them and eliminate worrying about them from your list. What Is a Purchase Mortgage? It takes a lot! Loan amount.

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Mortgages Fixed-rate mortgage Loans Finance 103

HomeLight

DECEMBER 4, 2023

You might think your only option is to sell, move out, and temporarily live elsewhere while searching for your next house. But there’s a more streamlined solution that could be just what you’re looking for – a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

JUNE 30, 2023

DISCLAIMER: As a friendly reminder, this post is intended for educational purposes, not financial advice. If you need assistance navigating the use of a bridge loan in Florida, HomeLight encourages you to reach out to your own advisor. Get Started What is a bridge loan, in simple words?

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Equity Loans Closing costs Finance 86

Dwell Real Estate

DECEMBER 13, 2019

Earlier this week, I came across this article from Inman.com providing readers with some great, mindful tips for taking on an investment property, but specifically giving advice on how to finance an investment property. If you've been thinking of financing an investment property, check out this post.

Finance 52

Finance Loans Investor Mortgages 52

CT Homes

FEBRUARY 13, 2024

When you’re ready to take on the adventure of selling your current home and finding your next dream house, the process can seem daunting. With the right approach and guidance, you can navigate this journey smoothly. Can You Sell and Buy a House at the Same Time? Can You Sell and Buy a House at the Same Time?

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Pre-approval Inspection Mortgages Staging 75

Realtor.com

JANUARY 23, 2023

Getty Images Tough financial times call for creative financing. Historically high mortgage rates and a cooling housing market have caused buyers and sellers to look for novel ways to stretch their dollar and seal a deal. This temporarily eases a buyer’s mortgage woes. Here’s what they had to say.

Loans 104

Loans Mortgages Investor Finance 104

Realty Biz

MARCH 27, 2022

Do you want to increase your odds of getting an offer accepted on a home? If you are trying to buy a home in a seller’s market, offering the asking price may not be enough. With more competition from buyers, the seller has more options, and you will need to do more to get the house you want.

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Purchase and sale agreement Earnest money deposit Seller concession Finance 117

The Close

MARCH 1, 2024

You’ve done the networking, met the people, and they’re in your client relationship manager (CRM), so now what? You’re probably wondering how to build client relationships: What strategies to use, what tools are available, and what client relationship success looks like. The big question is how to do it well.

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Agents Branding Development As-is 91

HomeLight

OCTOBER 25, 2023

If you are relying on the equity in your current home to make a down payment on the new one, it may seem the only way the puzzle fits together is to sell, move out, and find a third location to live while you shop for the new house. If you’re trying to bridge the gap between buying and selling in Arizona, this guide is for you.

Equity 99

Equity Loans Debt-to-income ratio Closing costs 99

Realty Biz

JANUARY 3, 2023

Anybody who’s thinking about buying a home might be interested in knowing the average mortgage rate. As of January 2023 , the average mortgage rate sits right around 6.59%. That’s more than double the rate that borrowers were getting in early 2021. Others are figuring out creative ways to get the lowest possible interest rate.

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Mortgages VA loan Loans FHA loan 98

The Close

FEBRUARY 9, 2024

You may have read online that many real estate agents fail. Create a business plan outlining finances and goals. Don’t quit when it gets tough. Having the Wrong Mindset Owning your own real estate business (which you do as an independent contractor ) is a challenge that comes with stress.

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Agents Brokerage Finance As-is 98

Realtor.com

DECEMBER 20, 2021

This money is crucial to snagging a mortgage and getting that much closer to homeownership. But when you’re shelling out for hefty rent each month, paying for utilities, and chipping away at a stack of bills on top of that, it can seem impossible to save up for a down payment on a house. The answer is yes—and no.

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Pre-approval Loans Loan Officer VA loan 137

Realty Biz

OCTOBER 19, 2022

Buying or selling a home isn't easy, with potential problems before you close. The home inspection is part of the process that can lead to problems, but what does a home inspector do? The home inspection is the buyer's opportunity to get a professional opinion on the home's condition. Is a Home Inspection Needed?

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Inspection Inspection contingency Agents As-is 123

Point2Homes

JANUARY 31, 2023

But, before you can relax, you need to make an offer that the seller won’t be able to resist. There’s a good chance that you won’t be the only buyer interested in the home, so your offer must stand out from the crowd. In fact, it’s essential to start crafting your offer before you’ve even found the home you want to buy.

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Earnest money deposit Purchase and sale agreement Pre-approval Inspection 98

The Close

NOVEMBER 3, 2023

Listen, we’ve all been cautious of predictive analytics in real estate—looking at you, Zestimate! But with big data and historical pricing information, there are tools that can send homeowners regular messages reviewing what their house is worth. Why can’t that be you? Check Out Homebot What Is Homebot? The Close Score 4.7

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Agents Land Design As-is 100

HomeLight

JUNE 16, 2023

The crowds, the fast-talking auctioneers, the large amounts of money being bid: Auctions are exciting no matter what’s for sale, and when it’s a house up for auction, then it’s no wonder that foreclosure auctions can capture the imagination of many a home shopper. The catch home shoppers need to keep in mind?

Hard money loan 77

Hard money loan Equity Finance Loans 77

Realty Biz

DECEMBER 12, 2022

There is quite a bit to know about financing the purchase of a home. There are several things to consider when it comes to getting a mortgage. Most home buyers want to get the best mortgage rates and terms. We will cover everything you need to know about how to get a mortgage.

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Debt-to-income ratio Mortgages Pre-approval Pre-qualification 89

HomeLight

JANUARY 23, 2023

Do the historically high prices of food, energy and services we experienced in 2022 have you looking for more money in 2023? As a homeowner feeling financial pressure, you might consider refinancing your mortgage to get a lower rate or selling your home to cash out on the steep rise in home values over the last few years.

Mortgages 99

Mortgages Fixed-rate mortgage Equity Loans 99

Realtor.com

DECEMBER 6, 2022

Though many might worry that the current high interest rates and unpredictable market swings make this a terrible time to buy, the Scott brothers stand firm that it’s never a bad time—if you find the right house. “The big thing is you need all your information.” But really, the seller had to sell.

Equity 84

Equity Renovation Banks As-is 84

Windemere Selling

JULY 19, 2023

How can you avoid potential selling pitfalls and common buying mistakes? Look to your real estate agent for advice and keep the following guidelines in mind. You’ll have time to ensure the facts are correct and be able to dispute mistakes before your mortgage lender checks your credit. Why all three?

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Pre-approval Inspection Closing costs Agents 67

Realtor.com

JANUARY 19, 2022

Quite apart from the emotional loss, it can be difficult to have to handle your finances suddenly on your own, including your home mortgage. While this is not an easy payment to face, remember that federal law prohibits lenders from requiring the surviving spouse to pay the entire mortgage amount due upon a spouse’s passing.

Debt-to-income ratio 98

Debt-to-income ratio Title Equity Loans 98

Lighter Side of Real Estate

MAY 17, 2023

If you rent a place to live, you might feel like people judge you for not buying a house, or at least make you feel like you should want to buy a house eventually. Let’s break down why it can make you wealthier, but probably won’t: You have to be paying less for a rental than you could to own a home.

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Fixed-rate mortgage Equity Mortgages Finance 83

Realty Biz

JANUARY 9, 2024

To help you achieve these goals, we have compiled a list of essential tips that will guide you through the process. The effort you put into selling a house should never be understated. The effort you put into selling a house should never be understated. Let's examine what it takes to be a successful seller.

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Purchase and sale agreement Earnest money deposit Title search Title 96

The Close

SEPTEMBER 16, 2022

If you haven’t had any of these things happen with your clients before, you’re lucky! Take our advice and give this 17-point homebuyer checklist to your clients so they don’t screw up their transaction. Wait until you close on your home to go shopping for that new car. Otherwise, contact your lender and ask them for advice.

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Debt-to-income ratio Loans Banks Closing 97